NonprofitsCommunity Of Hope

Housing & Shelter

Community Of Hope

MELBOURNE, FL

Total revenue

$1.7M

Total expenses

$1.3M

Net assets

$1.2M

Grants received

$634K

21 grants

EIN

421668898

Tax year

2024

Mission

Provide housing for homeless families with children. Community of hope has transitional housing, low cost permanent housing, and short stay housing.

Programs

3 programs

Transitional housing (th):transitional housing was our first program and is still key to what coh does. This program allows families to have supportive services while stabilizing in a safe and affordable home. The fees for this program pay for services, rent, and utilities. This fee is based on income and is not more than 30% of the total income of the household.

Expenses: $73K

Hope housing services (hhs):considering the increasing gap between typical household income and the average cost of housing in brevard, community of hope does not have the inventory to meet the needs of families in brevard. We are also working with private landlords by helping families secure funding that helps offset the expense of market based housing and providing case management services.

Expenses: $119KGrants: $4K

Safe overnight stay (s.o.s.):this program started in 2017 with a single unit dedicated to very short-term shelter leading to housing. The program proved to be effective and easily scalable, even in the face of a pandemic that significantly decreased shelter options throughout the county. S.o.s. Has grown through community support andpartnerships to include options for elderly adults and youth and young adults. We piloted this program with the homeless coalition serving 69 people in our first year. In 2020 community of hope s.o.s alone sheltered over 230 people and this number was magnified by those served by partner agencies. We anticipate continuing growth in this program. Perhaps more importantly, this program does not just shelter households but results in the vast majority attaining long-term, stable housing solution (92%).ready for hope (rfh):rfh is a version of our s.o.s. Program run in conjunction with our partner agency, ready for life. Ready for life specializes in providing wraparound services to transition aged youth (age 18 to 34), especially those who aged out of foster care. Community of hope provides shelter, housing case management, and housing assistance to these youth, allowing ready for life to focus on other supports and assistance needed to stabilize the client and prepare them for independence and success. This program has already been successful in sheltering and housing several of these vulnerable youths. Land of hope clt:over the past two years, we have laid the groundwork for our newest program the land of hope community land trust. We have not only set up the infrastructure for this program but also accomplished statewide certification for the program. The clt model allows us to acquire and hold land/property for permanent affordability. These properties can be used for both rental and homeownership but must always serve households under 80% ami. Mosaic outreach services:this outreach program started as a collaboration with mosaic church, a service-orientedchurch focusing largely on the needs of the homeless. Unfortunately, the church closed but coh has continued this service and the name, honoring the christlike spirit of this church. We go out in the community to work with the homeless where they are, provide for basic needs and help them find housing options.beacon thrift is scheduled to open early 2025, dedicated to supporting families transitioning out of homelessness. Beacon thrift will be a resource hub, providing essential household items and furniture, to families as they move into stable housing.

Expenses: $45K

Financials

FY 2024

Revenue

Contributions & grants$887K
Program service revenue$510K
Investment income$275K
Other revenue
Total revenue$1.7M

Expenses

Grants paid$448K
Salaries & benefits$324K
Fundraising
Other expenses$570K
Total expenses$1.3M
Total assets$7.4M
Net assets$1.2M

People

17 listed

NameRoleCompensation

DREW WARREN

CHIEF EXECUTIVE OFFICER

Board

$66K

40 hrs/wk

WILLIAM CHIP SNEAD

BOARD MEMBER

Board

2 hrs/wk

GARY HALL

CHURCH SPONSORED DIRECTOR

Board

2 hrs/wk

R TRACY MASTERS

PRESIDENT

Board

20 hrs/wk

BRIAN LEDFORD

CHURCH SPONSORED DIRECTOR

Board

2 hrs/wk

ELLEN ROGERS

CHURCH SPONSORED DIRECTOR

Board

2 hrs/wk

ONESIMUS WARNER

CHURCH SPONSORED DIRECTOR

Board

2 hrs/wk

J BARTOW WILLINGHAM

TREASURER

Board

2 hrs/wk

STEPHANIE HOPPER

BOARD MEMBER

Board

2 hrs/wk

MEGAN HOWARD

BOARD MEMBER

Board

2 hrs/wk

PASTOR DAVID YOUNG ROMERO

PAST PRESIDENT EMERITUS

Board

2 hrs/wk

MABLE WILLIAMS

SECRETARY

Board

2 hrs/wk

SYLVIA HERDT

CHURCH SPONSORED DIRECTOR

Board

2 hrs/wk

JUDY DOLAN-WOOD

BOARD MEMBER

Board

2 hrs/wk

SARAH MORSE

BOARD MEMBER

Board

2 hrs/wk

MIKE PIROLO

BOARD MEMBER

Board

2 hrs/wk

BRYAN BECKER

VICE PRESIDENT

Board

2 hrs/wk

Grants received

Showing 21 of 21

FromAmountPurposeYear
$41K
FOR CHARITABLE AND EDUCATIONAL ACTIVITIES CONSISTENT WITH ITS TAX-EXEMPT STATUS
2023
$40K
GENERAL SUPPORT
2023
$38K
EMERGENCY SOLUTIONS GRANTS
2023
$18K
BREVARD PUBLIC SCHOOLS
2023
$11K
EMERGENCY SOLUTIONS GRANTS - CORONAVIRUS
2023
$6K
For grant recipient's exempt purposes
2023
$100
MATCHING GIFTS
2023
$40K
GENERAL SUPPORT
2022
$29K
EMERGENCY SOLUTIONS GRANTS
2022
$25K
Community Impact
2022
$15K
EDUCATION FOR DISADVANTAGED FAMILIES TO OBTAIN BETTER EMPLOYMENT
2022
$6K
EMERGENCY SOLUTIONS GRANTS - CORONAVIRUS
2022
$171K
EMERGENCY SOLUTIONS GRANTS - CORONAVIRUS
2021
$20K
GENERAL SUPPORT
2021
$5K
DISCRETIONARY GRANT
2021
$51K
EMERGENCY SOLUTIONS GRANTS - CORONAVIRUS
2020
$12K
EMERGENCY SOLUTIONS GRANTS
2020

Funded by

$634K from 9 funders · 21 grants · 2017–2023

Brevard Homeless Coalition Inc

$436K · 11 grants · 2017–2023

The Gale Foundation

$100K · 3 grants · 2021–2023

Iron Horse Family Foundation Inc

$41K · 1 grant · 2023

Lockton Cares Inc

$25K · 1 grant · 2022

The Margaret Heins Foundation

$5K · 1 grant · 2021

Details

EIN421668898
NTEE codeL41
Subsection03
Ruling date2005-10
Formed2005
Employees11
Volunteers90
COMMUNITY OF HOPE — Mission, Financials & Grants Received | Grantivo